Consumer Comforts of Manufacturer-Certified Vehicles

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Car Dealerships and other Car Buying topics.

Are manufacturer-certified vehicles better programs than the ones offered by car dealerships?

Consumer Comforts of Manufacturer-Certified Vehicles

Based on a recent market research study conducted by Consumer Reports, the results showed manufacturer-certified vehicles to outperform car dealer certified cars:

• Overall, manufacturer-backed certified pre-owned (CPO) programs featured more consumer protection and consistency than local or car dealerships CPO programs.

• The average price of manufacturer-backed certified pre-owned (CPO) programs were found to be $1,000 more in price than the average used car.

• Only 13 percent of manufacturer-certified cars carried more than 60,000 miles. Vehicles certified outside of an automaker's facility (with more than 60,000 miles) accounted for 32 percent of certified pre-owned cars.

• Less than nine percent of automobile consumers who bought manufacturer-certified cars reported serious problems, compared with 15 percent of the car owners whose vehicles were not certified at the manufacturer.

• As far as the negotiations involved in buying a used car, consumers who purchased manufacturer-certified vehicles had the ability to negotiate substantial discounts from the car dealership's asking price than those who bought other used cars.

   

Comments

Nobody has commented on this tip yet. Be the first.



Name:


URL: (optional)


Comment:


Not finding the advice and tips you need on this Car Buying Tip Site? Request a Tip Now!


Guru Spotlight
Byron White